Canara HSBC Life Insurance Visakhapatnam Cluster Business Manager Salaries by 4 Employees (Updated 2025)

7 - 14 years exp.

₹6 Lakhs - ₹8.8 Lakhs

Salary of majority employees

11% more than the average Cluster Business Manager Salary in Insurance Companies for 7 - 14 years of experience

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Salaries in different departments

Sales & Business Development Cluster Business Manager Salary 7 - 14 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10.3 L/yr
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BFSI, Investments & Trading Cluster Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.4 L/yr

Last Updated: 11 Sep 2023

Cluster Business Manager salary at Canara HSBC Life Insurance ranges between ₹6 Lakhs to ₹8.8 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance.

Experience wise Canara HSBC Life Insurance Cluster Business Manager salaries in Visakhapatnam

Last Updated: 11 Sep 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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9 years (AmbitionBox Estimate)	₹7 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
14 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.8 L/yr

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Top skills at Canara HSBC Life Insurance for Cluster Business Manager

Team Handling Target Achievement Life Insurance Team Motivation Relationship Management Revenue Generation Branch Management Activation Branch Handling Direct Sales Lead Generation Team Building Area Management Heading Branch New Client Acquisition

Salary related reviews for Canara HSBC Life Insurance

Cluster Business Head in Patna

Full Time

Sales & Business Development Department

3.0

• posted on 31 Jul 2024

2.0

for Salary and Benefits

Likes

Promotion criteria is crystal clear

Dislikes

Internal promoters working on lowest salary, Partiality with employees, not support to female employees, specifically after maternity leave no any rule for female employees for location and work life balance with baby.

Senior Relationship Officer in Dehradun

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

Salary and incentives are given in time Are suitability rewarded for good work Good working culture Hr policies are good

Dislikes

Personally I didn't not see myself growing Traveling allowances are given when you meet a specific creteria

Sales Officer in Mysuru / Mysore

Full Time

Sales & Business Development Department

2.0

• posted on 09 Feb 2023

2.0

for Salary and Benefits

Likes

I can't like any thing because canara hsbc its a good company but from the RUH level management its worst.

Dislikes

Salary package Every 2nd and 4th Saturday meeting in HUB And some time they conducted meeting from 5.30 pm to 9 pm its very irritating. They are ready to debit only premium amount afterthat issuing problem and policy bond delivery problem.

Relationship Manager in Meerut

Customer Success, Service & Operations Department

3.0

• posted on 07 Mar 2022

4.0

for Salary and Benefits

Likes

If you can handle pressure & You are enough clever to handle the situation & Politics. You Can earn extra incentives here no doubt. It's all about your supervisior. It's your luck to get a good CBM.

Dislikes

everything expect the Salary on time.

Sales Officer in Hoshiarpur

Other Department

1.0

• posted on 22 Nov 2018

1.0

for Salary and Benefits

Likes

It was literally a very bad experience no compensation no benefits to the employees superiors are worst no career growth and zero job security. I must say that go there only if u want to hamper ur growth

Dislikes

Superiors don't have any knowledge no support from there end. This is the main reason why i leave

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Canara HSBC Life Insurance Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at Canara HSBC Life Insurance Visakhapatnam?

Cluster Business Manager salary at Canara HSBC Life Insurance in Visakhapatnam ranges between ₹6.0 Lakhs to ₹8.8 Lakhs for experience between 7 years to 14 years. According to our estimates it is 11% more than the average Cluster Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Canara HSBC Life Insurance Visakhapatnam.

How does the salary of a Cluster Business Manager at Canara HSBC Life Insurance Visakhapatnam compare with the average salary range for this job?

The average salary of a Cluster Business Manager at Canara HSBC Life Insurance is 11% more than the average salary of a Cluster Business Manager in Visakhapatnam. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Business Manager at Canara HSBC Life Insurance?

Team Handling, Target Achievement, Life Insurance, Team Motivation and Relationship Management are some of the popular skills required to work as a Cluster Business Manager at Canara HSBC Life Insurance Visakhapatnam.

What is the estimated take home salary of a Cluster Business Manager at Canara HSBC Life Insurance in Visakhapatnam?

The estimated take-home salary of a Cluster Business Manager at Canara HSBC Life Insurance ranges between ₹61,242 per month to ₹62,794 per month in Visakhapatnam. The take-home salary calculation is based on the average Canara HSBC Life Insurance Cluster Business Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.8 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Cluster Business Manager at Canara HSBC Life Insurance in Visakhapatnam?

According to AmbitionBox, 100% of the Canara HSBC Life Insurance Cluster Business Managers in Visakhapatnam reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Canara HSBC Life Insurance Cluster Business Manager Salaries in Visakhapatnam

Canara HSBC Life Insurance Cluster Business Manager salary in Visakhapatnam ranges between ₹6 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Canara HSBC Life Insurance latest salaries received from various employees of Canara HSBC Life Insurance.